NEW YORK CITY-In the sale that paves the way for a 242,000-sf luxury condominium to rise on First Avenue between East 46th and 47th in Manhattan, the development site at 10 UN Plaza, also known as 823 First Ave., has been acquired by Eyal Ofer’s Global Holdings and Zeckendorf Development LLC.

Locally based Studley represents the seller, locally based Macklowe Properties Inc., and brought in the buyers. The buyers pre-empted the sales process by committing to acquire it within two weeks of commencement of the marketing initiative, closing 30 days thereafter, according to a statement made by Studley.

“It [the acquisition] allows us the opportunity to create another unique project with spectacular and open vistas,” says Arthur and William Lie Zeckendorf , co-chairmen of Zekendorf Development. “Plans are under way for a super high-end luxury condominium.”

The 10 UN Plaza site now holds the remnants of a two-story building being demolished. “Comprising a footprint of 20,000 sf overlooking the United Nations Sculpture Garden, the East River and bordering Dag Hammarskjold Plaza, it offers spectacular views and a sense of spaciousness rarely round in development sites in the city’s densely populated neighborhoods,” notes Woody Heller, executive managing director and head of the capital transactions group for Studley.

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